US Stocks Plummet Amid Fed Leadership Uncertainty and Inflation Concerns
ByAinvest
Friday, Jan 30, 2026 5:12 pm ET1min read
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US stocks fell due to concerns over President Trump's Federal Reserve nominee and fears about the Fed's independence. Higher-than-expected inflation data raised worries that interest rates may stay high for longer, reducing risk appetite. Metal miners like Newmont and Freeport-McMoRan lost the most, while Tesla and consumer staples stocks like Colgate-Palmolive gained.
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